Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
April 24, 2020
American Financial Satisfaction Sees Largest Drop in a Decade
As the COVID-19 pandemic has strained the U.S. economy and put millions out of work, Americans have experienced the biggest drop in their personal financial satisfaction in more than a decade.
April 24, 2020
CARES Act Allows Employers to Defer Employer Portion of Social Security Payroll Taxes
Under the Coronavirus Aid, Relief and Economic Security (CARES) Act that was signed into law on March 27, 2020, businesses may delay paying the employer portion of the Social Security payroll taxes on wages paid for the period from ...
April 24, 2020
IRS Accepting Nominations for Advisory Council
The IRSAC serves as an advisory body to the Commissioner of the Internal Revenue Service and provides an organized public forum for discussion of relevant tax administration issues between IRS officials and representatives of the public.
April 24, 2020
Survey Shows Impact of COVID-19 on the Accounting Profession
Firms that already had at least one cloud system in place prior to the COVID-19 pandemic fared far better than firms that did not have any cloud systems in place.
April 24, 2020
Transitioning to Work from Home Productively During COVID-19
Perhaps the most significant and lasting change will be how we work, as millions of Americans have transitioned to working from home instead of commuting to the office. While this change brings many perks, including a lot less traffic on the road ...
April 24, 2020
PPP Refilled with $320 Billion as New $484 Billion Coronavirus Relief Bill Signed into Law
The final bill includes $320 billion to make new loans under the Paycheck Protection Program, which provides forgivable loans to small business that keep employees on the payroll for eight weeks. The measure includes $60 billion in EIDL.
April 23, 2020
Accounting Firm Rea & Associates Acquries Two Firms
Rea & Associates Inc., a regional accounting and business consulting firm, has announced its intention to acquire and merge in the Concord, Ohio-based firm, Jones Battles Group LLC, June 1, 2020. Additionally, Rea plans to merge in the ...
April 23, 2020
AICPA Releases Recommendations for Administrative, Filing and Payment Relief for State and Local Taxes During Coronavirus Pandemic
As the country works to navigate changes in federal and state tax filing and payment deadlines as a result of the global coronavirus pandemic, the American Institute of CPAs (AICPA) is providing recommendations for administrative, filing and payment ...
April 23, 2020
3 Ways the COVID-19 Crisis has Affected Corporate Travel and Entertainment Expense Claims
Business travel and entertainment have come to a standstill. Many companies have switched almost entirely to working from home to enforce social distancing or comply with mandatory shelter-in-place mandates.
April 23, 2020
IRS, Treasury Issue Guidance for Applying UBTI ‘Silo’ Rules for Tax-Exempt Orgs
Changes under the TCJA require tax-exempt organizations subject to the UBTI tax to compute UBTI, including any NOL deduction, separately for each trade or business (referred to as a “silo”).
April 23, 2020
AICPA Wants Accounting Firms Recognized in Coronavirus PPP Application Process
The AICPA, after discussions with its coalition partners, and key banking leaders and stakeholders, is working to drive a common understanding and approach around the firm – lender relationship related to the implementation of the PPP.
April 23, 2020
Invoiced Releases New AI-Based Cash Application Engine for Mid-Sized Businesses
The new cash application engine includes many new features that enable accounting, finance and operations teams to automatically identify, import and match unapplied payments with invoices, balances and customers.